P/E ratio for EssilorLuxottica (EL.PA)
P/E ratio at the end of 2022: 34.6
According to EssilorLuxottica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.7878. At the end of 2022 the company had a P/E ratio of 34.6.
P/E ratio history for EssilorLuxottica from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 34.6 | -35.39% |
| 2021 | 53.5 | -90.89% |
| 2020 | 588 | 1035.47% |
| 2019 | 51.8 | 108.75% |
| 2018 | 24.8 | 14.66% |
| 2017 | 21.6 | -24.6% |
| 2016 | 28.7 | -9.65% |
| 2015 | 31.7 | 76.01% |
| 2014 | 18.0 | -14.33% |
| 2013 | 21.1 | -5.36% |
| 2012 | 22.2 | 20.99% |
| 2011 | 18.4 | 2.49% |
| 2010 | 17.9 | 9.62% |
| 2009 | 16.4 | 17.57% |
| 2008 | 13.9 | -21.11% |
| 2007 | 17.6 | -13.42% |
| 2006 | 20.4 | -6.56% |
| 2005 | 21.8 | 19.48% |
| 2004 | 18.3 | 3.9% |
| 2003 | 17.6 | -17.83% |
| 2002 | 21.4 | -8.26% |
| 2001 | 23.3 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.